The monthly cash outflow target of $615,000 must mean they are cutting their advertising to the bone - and maybe R&D too. I’ll be very interested to see how they do in the current quarter without advertising much. Will renewal from existing customers be enough to continue growing rapidly? Or is there whole business model reliant on buying new customers through advertising? I can’t see churn statistics anyway to know how sticky their customers are. I still like the business
APV Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held